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QuentinCallaghan@sopuli.xyz to Technology@beehaw.org · 2 years ago

Cryptocurrencies add nothing useful to society, says chip-maker Nvidia

www.theguardian.com

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Cryptocurrencies add nothing useful to society, says chip-maker Nvidia

www.theguardian.com

QuentinCallaghan@sopuli.xyz to Technology@beehaw.org · 2 years ago
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Tech chief says the development of chatbots is a more worthwhile use of processing power than crypto mining
  • Dick Smiths Fair Go Supporters@activism.openworlds.info
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    2 years ago

    @QuentinCallaghan @ailiphilia Thank you for this comment, Ailphilia. We are largely supportive of bitcoin and monero but we feel there are serious concerns about security that make it difficult to participate.

    For example, many people are unaware that Cloudflare controls the on-ramps to #bitcoin in most countries. This means a person can be blocked by #Cloudflare at any moment from joining the network.

    Our sources indicate this happens.

    #cryptocurrencies

    • ailiphilia@feddit.it
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      2 years ago

      This is sadly true. There’s a lot wrong with Cloudflare and I also knew they control the on-ramps to bitcoin, but I didn’t know that they have already blocked persons.

      • Dick Smiths Fair Go Supporters@activism.openworlds.info
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        2 years ago

        @ailiphilia The reports started hitting us personally early in 2021.

        It was likely happening before that, however. We decided to finally put it into a toot form early 2022 (see (#)bankAccounts hashtag)

        • ailiphilia@feddit.it
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          2 years ago

          Thanks, I’ll need to look into that.

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